Supply chain optimization is the name of the game in 2023. Even as freight rates are stable, inflationary pressures still remain in warehousing and labor. US storage prices are now up 1.4% month-over-month and 11% year-over-year, while LTL carrier rates are projected to increase this year. Pair this with a volatile market, concerns about long-term…
Category: Transportation Management
Originally published on Talking Logistics By: Tracy Rosser, Executive Vice President of Operations In the freight industry, we often contextualize fluctuations in market trends in terms of contract rates versus spot rates. When spot rates are beneath contract rates and trending down, or are significantly below contract rates regardless of trend, we consider that environment…
By: Tracy Rosser, EVP, Operations, Transplace Transplace manages more than 800,000 shipments into major retailers each year for iconic brands like Del Monte, Nestlé Waters, Kellogg’s, McCormick and Mars. With a centralized group focused solely on OTIF excellence, our team of retail logistics experts has deep experience in the OTIF program and the appointment scheduling…
By: Wes Breyfole, SVP, Parcel Solutions As consumers embrace ecommerce shopping, supply chain and logistics leaders have a renewed focus on last-mile delivery strategies. Before the pandemic, Frost & Sullivan estimated that global logistics spending would grow beyond $10.6 trillion annually by 2020, with last-mile distribution accounting for an estimated $3 trillion of that spend….
Increasing Shipper-Carrier Collaboration with Transplace’s Planned Continuous Moves Lanehub Platform
When Lanehub founder and CEO, Mark Hackl, left his position as part of Schreiber Foods’ transportation team in 2015, he had a single mission in mind: Develop a low-cost solution that makes collaboration simple between shippers and carriers. He aimed to use his 20 years of industry knowledge to make shipping more efficient and freight…
By: Michelle McBride, Senior Product Manager, Uber Freight We recently announced real-time visibility for truckload as a standard capability, without any extra transaction or integration fees, for all of our managed transportation services and Transportation Management System (TMS) customers. We are thrilled to be the first to provide real-time visibility as a standard within a…
By: Frank McGuigan, Chief Executive Officer, Transplace As many of you may already know, we recently announced that Tom Sanderson has transitioned to the role of executive chairman and will serve on Transplace’s board of directors, and that I have moved into the role of CEO. I am honored and excited to have the opportunity…
By: Frank McGuigan, President & Chief Operating Officer, Transplace No one can argue that the rise of ecommerce and omni-channel fulfillment has dramatically impacted the supply chain in recent years. Once consumers were shown what was possible in the world of online retailing and home delivery, their behavior – and expectations – began to change….